Earlier this month, I penned a Cloud Computing article about a massive $150 million funding round Network Detection and Response (NDR) solutions provider Corelight. (A topic that’s admittedly not central to our IoT discussions, but a big-moves-are-happening type of story regarding dynamic cybersecurity defenses, GenAI, intrusion monitoring and detection tools and other resources being tapped to thwart evolving cyber threats; read here for the full scoop.)
That said, one of the two biggest names that led this Series E investment round was none other than Cisco Investments, its team of focus-on-the-future domain experts (e.g. in IoT, enterprise networking, cloud, simplified security, ITOps, etc.) determined to validate and financially support innovations that foster stronger technology ecosystems.
But today, we have additional Cisco-centric news to share that is, in fact, central to ongoing IoT discourse:
Cisco Investments has reportedly invested in Upstream Security, another security solutions provider – what differentiates Upstream from Corelight is its Extended Detection and Response (XDR) capabilities for connected vehicles and IoT, in general.
What’s up with Upstream, though?
Simply put, Upstream Security has built a cybersecurity and data management platform specifically for the automotive industry, for demands in large-scale fleet management, and for transportation assets/mobility operators around the world.
At the time of this article’s publication, Upstream has secured 25 million vehicles, 10 million IoT devices, 7 million consumer APIs and much more. The Upstream platform is designed to harness IT, OT, IoT and connected vehicle data to offer what it describes as “unparalleled, data-driven insights and operations-focused actionables.” Upstream’s cloud-based XDR platform is purpose-built to leverage data from interconnected vehicles and devices to ensure greater and more dependable trust for securing passengers and supporting commercial, electric, and agricultural projects, to name a few.
“We are thrilled to welcome Cisco Investments to our group of investors,” stated Yoav Levy, Upstream Security co-founder and CEO. “This investment provides a unique opportunity to deepen our impact on the IoT sector, and more specifically mobility, automotive and transportation.”
Read more from Upstream Security here.
Edited by
Greg Tavarez
